TORONTO, ONTARIO--(Marketwired - July 2, 2013) - Noront Resources Ltd. ("Noront" or the "Company") (TSX VENTURE:NOT) is pleased to acknowledge the appointment of former Supreme Court Justice Frank Iacobucci as lead negotiator on behalf of the Province of Ontario in its discussions with Chiefs of the Matawa Tribal Council on resource development in the Ring of Fire.
"Mr. Iacobucci is a highly-respected and experienced negotiator who has worked successfully with First Nations communities in the past. We look forward to his counsel and collaboration as we move ahead on this very exciting opportunity for the region," stated Noront Chairman and Interim CEO Paul Parisotto. "Having the right conversations is essential for successful development in the Ring of Fire. We are eager to see a workable infrastructure solution that will allow us to bring our mine into production, and we have been collaborating with local First Nations throughout our own Environmental Assessment process to help make that happen."
Noront supports an East-West alternative approach to the planned North-South all-weather access route that had been proposed by Cliffs Natural Resources Inc. for its Ring of Fire chromite project. Cliffs temporarily suspended its Environmental Assessment earlier this month. The East-West alternative route balances First Nations objectives, the environment and job growth making it potentially attractive to all levels of government and local communities. It offers a great opportunity for the private sector, First Nations and governments to work together to ensure the Ring of Fire can be developed in a responsible and timely way.
Noront is in the final stage of its Environmental Assessment for their Eagles Nest Project and will submit an EA to government this fall.
About Noront
Noront Resources Ltd. is focused on development of the high-grade Eagle's Nest nickel, copper, platinum and palladium deposit and the high-grade Blackbird chromite deposit, both of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com
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